What I love about this home is this; It is within the city limits 5 minutes from downtown and all of the major interstates. It is near everywhere you want to be. You can move in as is, or to renovate the existing home would cost less than $100,000 but the return could be much greater based on comps for 5 and 6 bedroom homes of this size. The cost to build a home on the vacant lot, attached by a required adjoining wall, would be about $180,000 (optional) And the buyer could do that later. View some of the homes with 5 or 6 bedrooms which are selling for over $1,000,000 in the 30307 area for great ideas on your renovation plans. The homes are built deep with a plenty of frontage. With TONS OF LIVING SPACE AND ROOM TO GROW. If you decide to build, both homes will have a private back yard. Look at the possibilities for your beautiful Atlanta home. Many in the area have built second homes on their adjoining lots. The second come can bring an additional $250,000 - $500,000 profit when you are ready to build it. Ask for comps. With a few minor changes and updates the home is move in ready. Tenant Occupied. Please do not disturb the tenants. Call agent for appointment only.
MUCH SMALLER HOMES ARE SELLING FOR MORE! Like the nearby communities of Grant Park, Inman Park, Ansley Park and Druid Hills, Edgewood is thriving again. This is a Steal of a deal for the savvy smarter investor. Located in the highly sought after city of Atlanta, Edgewood community, this huge home is a 5 bedroom, 4 full bathroom home listed for $450,000 (office on main could be a small a 6th bedroom) This is an approved short sale - still room for negotiation. Sold with the adjoining vacant lot at 0 Mayson avenue for $250.000. The builder is moving on and ready to make a deal! So, LET'S MAKE A DEAL!!